Millburn Short Hills Chinese Association

Analysis

Millburn Short Hills Chinese Association is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Millburn Short Hills Chinese Association reported income of $75k and spending of $90k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $75k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Millburn Short Hills Chinese Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Woodland Volunteer Fire Department Benevolent Fund ($75k), Chesterbrook Learning Center ($75k) and United We Stand ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.